Latest Updates Around The World
Agreements with the U.S. and European Union helped allay fears that geopolitics and tariff turbulence would continue to weigh on the $5.2 trillion market. However, this relief has done little to offset concerns about business fundamentals, especially after Indian stocks posted the worst returns among major global peers in January.Earnings growth has been lagging for […]
The Indian market ended lower for the third straight session on Wednesday, deepening a sharp market rout that has wiped out nearly Rs 14 lakh crore of investor wealth. The sell-off, triggered by global unrest and uneven corporate earnings, saw the benchmark Sensex fall over 1,660 points in three sessions, while the Nifty 50 fell […]
The Indian market closed lower on Wednesday, with the Sensex and Nifty giving up early gains as traders held on to gains ahead of US Federal Reserve policy outcomes.The S&P BSE Sensex fell 275 points (0.32%) to close at 84,391.27, while the NSE Nifty 50 lost 82 points (0.32%) to close at 25,758. This is […]
The weakening Indian currency is causing a broad, five-channel macroeconomic shock that could change everything from business sentiment to fiscal accounts, Bank of America Global Research said in a report on Monday, arguing that the rupee’s decline “could and will impact several macroeconomic variables in India, if it persists.”The warning comes as the rupee closed […]
In a policy landscape shaped by declining inflation and a steadily weakening rupee, the former deputy governor of the RBI R.Gandhi offered a nuanced view of the central bank’s priorities over the coming months. His comments come amid increasing scrutiny of the Reserve Bank of India’s stance on both price stability and currency management. Inflation, […]
Domestic gold yields fell today, reflecting international prices, as uncertainty over US Federal Reserve rate cuts in December looms in a divided house. Last month’s meeting of policymakers saw unusual divisions within the U.S. central bank, with some members favoring looser policy while others pushed for tougher conditions.Fed Chairman Jerome Powell described them as “widely […]
